Number of Foreign companies registered in India and revenue earned

By | December 23, 2017
Ministry of Corporate Affairs

96 foreign companies registered in India in 2017-18 with almost Rs 10 crore revenue from them; Govt. carries out many programmes to spread awareness in investors

Posted On: 22 DEC 2017 7:00PM by PIB Delhi

The number of foreign companies registered during each of the last three years and the current year in the country including in the State of Madhya Pradesh along with the amount of revenue earned from these companies, State/UT/Year-wise can be seen with Annexure-I.

The detailed provisions with regard to companies incorporated outside India are laid down in Chapter XXII of the Companies Act, 2013 (Section 379-393) and Companies (Registration of Foreign Companies) Rules, 2014.   Further, section 380 of the Companies Act, 2013 read with such Rules specifies the documents/information etc. required to be filed by a foreign company with Registrar of Companies, New Delhi within 30 days from establishment of its place of business in India.

As per the provisions of Section 125 of the Companies Act, 2013 the IEPF Authority is mandated to promote investor education, awareness and protection. To promote investor awareness the authority has issued advertisements in newspapers, jingles on radio, crawlers on Doordarshan, SMSs on mobile phones. Investor Awareness Programmes are organised through Professional Institutes as well as through the Common Services Centres located in rural areas of the country. A joint campaign in association with Securities and Exchange Board of India, Reserve Bank of India and Department of Consumer Affairs has also been initiated.

This was stated by Shri P.P. Chaudhary, Minister of State for Law & Justice / Corporate Affairs in written reply to a question in Lok Sabha today.

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ANNEXURE-I

State/UT/Year-wise number of registration of foreign companies during the last three financial years and the current year

Sl. No. State/UT 2014-15 2015-16 2016-17 2017-18 (till 30.11.2017)
No. of companies  Revenue earned from these companies(in Rs.) No. of companies  Revenue earned from these companies(in Rs.) No. of companies  Revenue earned from these companies(in Rs.) No. of companies  Revenue earned from these companies(in Rs.)
1 Andhra Pradesh 714000 1 3210000 1962000 1 1662000
2 Bihar 1 6000 42000
3 Chandigarh 168000 246000 102000 150000
4 Chattisgarh 1 6000 42000 18000
5 Delhi 42 37608000 45 25362000 43 27186000 21 27198000
6 Goa 18000   18000 36000 6000
7 Gujarat 6 2064000 2 3210000 2 1854000 3 2598000
8 Haryana 15 12264000 16 11892000 24 12564000 15 9552000
9 Jharkhand 156000 546000
10 Karnataka 19 10350000 15 10770000 15 9540000 7 6372000
11 Kerala 1 750000 1 1506000 1 840000 2 570000
12 Madhya Pradesh 3 336000   486000 1 288000   444000
13 Maharashtra 46 40242000 42 42306000 51 32388000 27 34854000
14 Orissa 126000 672000 330000 102000
15 Pondicherry 24000 30000 24000 12000
16 Punjab 12000 1 42000 1 42000 48000
17 Rajasthan 3 324000 3 360000   288000 396000
18 Tamil Nadu 12 9294000 8 7578000 11 7218000 8 9204000
19 Telangana 2 2100000 2 1554000 2 930000 4 1164000
20 Uttar Pradesh 4 2514000 7 3426000 5 2142000 6 1380000
21 Uttarakhand 18000 1 156000 2 30000 102000
22 West Bengal 4 1710000 4 4128000 1 2100000 2 2034000
23 Grand Total 157 120636000 149 116958000 160 100068000 96 98454000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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